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Sold for $367,500
  • $367,500

    316 Washtenaw Ave, Ypsilanti, MI 48197

    7beds
    3,112sqft
    Multi Family
    Built in 1865
    -- sqft lot
    $367,400 Zestimate®
    $118/sqft
    $1,750 Estimated rent

    Home value

    $367,400

    $349,000 - $386,000

    $1,750/mo

    Zestimate® history
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    $1,750/mo

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    $2,454/mo

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    $2,454/mo

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    What's special

    Opportunities like this don't come along often. Whether you're looking to expand your investment portfolio, house hack, or own a piece of local history, this beautifully maintained side-by-side duplex checks all the boxes. Offering approximately 3,112 square feet, this income-producing property features 7 bedrooms and 2 full baths between two spacious units. One side offers 3 bedrooms and 1 bath, while the other features 4 bedrooms and 1 bath. From the moment you arrive, you'll appreciate the curb appeal, mature trees, colorful landscaping, and timeless character. Inside, you'll find hardwood floors, classic moldings, fireplaces, and historic details throughout. The numbers make sense too. Market rents are estimated at approximately $4,200 per month, with the 4-bedroom unit projected at $2,150/month and the 3-bedroom unit at $1,950/month. The current tennant vacates in August so you can take these up to current market rates! Most major improvements have already been completed, including updated 90% effecient furnaces, water heaters, plumbing, central air units, dimensional shingle roof, and more. Very little is left to do but collect rent and enjoy ownership. Conveniently located near parks, shopping, dining, campus amenities, and I-94, the property also offers 6 off-street parking spaces behind the home plus additional street parking. Don't wait. Properties with this combination of historic charm, strong cash flow, major updates, and prime location don't last long. Schedule your showing today. *A house hacker may qualify for an FHA 5% owner occupant loan too! Live in one side and rent the other! Showings begin Saturday, June 13th after 1:00 PM on vacant Unit #316. The occupied unit will be shown upon accepted offer. AGENTS: Download the SentriLock app for convenient access. Check Agent Remarks or ShowingTime for the secure offer submission link. Do NOT email offers.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carlo Gobba 888-501-7085,

    EXP Realty Main

    Bought with:

    Heidi Norris, 6501374430

    The Brand Real Estate

    Source: Realcomp II,MLS#: 20261041445MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,112 sqft
    • Finished area above ground: 3,112

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 83 x 75
    Details
    • Parcel number: 111140413005
    • Zoning description: MultiFamily, Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1865

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: NORRIS & CROSS ADD
    Location
    • Region: Ypsilanti

    Financial & listing details

    • Price per square foot: $118/sqft
    • Tax assessed value: $97,539
    • Annual tax amount: $7,727
    • Date on market: 6/13/2026
    • Cumulative days on market: 8 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    7/23/2026Sold$367,500-8.1%$118/sqft
    Source: Realcomp II #20261041445 Report a problem
    7/10/2026Pending sale$400,000$129/sqft
    Source: eXp Realty #20261041445 Report a problem
    6/20/2026Contingent$400,000$129/sqft
    Source: eXp Realty #20261041445 Report a problem
    6/13/2026Listed for sale$400,000+60.1%$129/sqft
    Source: Realcomp II #20261041445 Report a problem
    9/12/2003Sold$249,900$80/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,666 $184,300 +7.8%
    2024-- $171,000 +0.8%
    2023-- $169,700 +9.6%
    2022-- $154,800 +9%
    2021-- $142,000 +5.3%
    2020$7,147 $134,800 +11.8%
    2019-- $120,600 +8.7%
    2018-- $110,900 +4.1%
    2017$6,419 $106,500 +43.5%
    2016$6,419 $74,212 +0.3%
    2015-- $73,991 +3.2%
    2014-- $71,680
    2013-- $71,680 -7.5%
    2012-- $77,500 -8.6%
    2011-- $84,800 -7.2%
    2010-- $91,400 -5%
    2009-- $96,200 -15%
    2008-- $113,200 -7.1%
    2007-- $121,857 -1.3%
    2005-- $123,500 +3.2%
    2004-- $119,700 +7.6%
    2003-- $111,200 +27.4%
    2002$4,690 +18.4%$87,300 +2.5%
    2001$3,963 +32.1%$85,200 +15%
    2000$2,999 +138.4%$74,100 +4.4%
    1999$1,258 $71,000
    Find assessor info on the county website

    Neighborhood: Riverside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $367,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $367,400